Antrix has orders for sending 28 satellites

Of the 28, the next launch would be before the end of this year for Singapore.

Antrix Corporation, the commercial arm of ISRO, has already signed service contracts for launching 28 satellites for various countries in the next two years.

“Of the 28, the next launch would be before the end of this year for Singapore,” Antrix Corporation chairman and managing director V.S. Hegde said.

The satellites vary from nano, micro and normal, which can be launched by a PSLV rocket, he said.

Antrix which recorded over Rs. 1,600 crore revenue during 2013-14, got a revenue of Rs. 1,850 crore during 2014-15. While the cost for launching smaller satellites would be calculated on its weight (cost per kg), Antrix would follow different norms in case of big satellites.